SSGA Active Trust State Street Bridgewater All Weather ETF (ALLW) — Stock Correlations & Overview
Over the past year, ALLW has moved most closely with UPAR, TDSB, RPAR. Explore the stocks most correlated and inversely correlated with ALLW below, along with its price, financials, and company profile.
Stocks correlated with ALLW
Correlation of daily returns. Higher positive values move with ALLW; negative values move opposite it. Informational only, not investment advice.
Most correlated with ALLW
| Symbol | Company | Correlation |
|---|---|---|
| UPAR | UPAR Ultra Risk Parity ETF | 0.83 |
| TDSB | Exchange Listed Funds Trust ETC Cabana Target Beta ETF | 0.83 |
| RPAR | RPAR Risk Parity ETF | 0.83 |
| ROMO | Strategy Shares Newfound/ReSolve Robust Momentum ETF | 0.83 |
| SSXU | Day Hagan Smart Sector International ETF | 0.80 |
Most inversely correlated with ALLW
| Symbol | Company | Correlation |
|---|---|---|
| EFZ | ProShares Trust Short MSCI EAFE | -0.72 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.72 |
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.70 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.69 |
| EPV | ProShares UltraShort FTSE Europe | -0.69 |
Frequently asked questions about ALLW correlations
- Which stocks are most correlated with ALLW?
- Based on one year of daily returns, the stocks most correlated with SSGA Active Trust State Street Bridgewater All Weather ETF (ALLW) are UPAR (0.83), TDSB (0.83) and RPAR (0.83). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ALLW?
- Over the past year, the stocks most inversely correlated with SSGA Active Trust State Street Bridgewater All Weather ETF (ALLW) are EFZ (-0.72), GLL (-0.72) and DULL (-0.70). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ALLW correlations calculated?
- We compute the correlation of daily returns between ALLW and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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